Taiwan stocks lower at close of trade; Taiwan Weighted down 1.52%

Aug 02, 2018

Taiwan stocks were lower after the close on Friday, as losses in the , Electronic Parts/Components and Textile sectors led shares lower.

At the close in Taiwan, the Taiwan Weighted declined 1.52%.

The best performers of the session on the Taiwan Weighted were Eastern Technologies Holding Ltd (TW:5225), which rose 10.00% or 2.10 points to trade at 23.10 at the close. Meanwhile, Sumagh High Tech Corp (TW:1475) added 9.80% or 1.95 points to end at 21.85 and Sunjuice Holdings Co Ltd (TW:1256) was up 6.89% or 11.50 points to 178.50 in late trade.

The worst performers of the session were Yageo Corp (TW:2327), which fell 9.94% or 79.00 points to trade at 716.00 at the close. Walsin Technology Corp (TW:2492) declined 9.93% or 34.00 points to end at 308.50 and Holy Stone Enterprise Co Ltd (TW:3026) was down 8.54% or 17.50 points to 187.50.

Falling stocks outnumbered advancing ones on the Taiwan Stock Exchange by 718 to 132 and 67 ended unchanged.

Crude oil for September delivery was up 1.94% or 1.31 to $68.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.37% or 0.99 to hit $73.38 a barrel, while the December Gold Futures contract fell 0.91% or 11.20 to trade at $1216.40 a troy ounce.

USD/TWD was up 0.31% to 30.720, while TWD/CNY fell 0.13% to 0.2221.

The US Dollar Index Futures was up 0.55% at 94.98.